Citi & Deutsche Bank Excel – Mergers & Acquisition Award

2008 saw a decrease in Merger and Acquisition activity. Prices were high for the first part of the year and then credit collapsed so deals were complex requiring broad participations and superior execution. Just by Marine Money’s own count deal volume was down by nearly half. We think 2009 will be more active and it is with an eye on the future as much as the past that we celebrate the expertise of all who successfully completed an M&A deal in 2008. It was not an easy market.

The universe of deals spanned the globe and our winner exhibited some of the best characteristics of the capital markets and for that alone we acknowledge it. But with the benefit of hindsight, now including 4 months of tough economic times

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